2-bed · 1,396 sqftAl Tajer Residences, Downtown Dubai · 8th floor · completed 2008

8034, Al Tajer Residences

Sold prices and rental history: sold twice, last in July 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8034 · DLD and Ejari recordsUpdated 3 April 2021
Last soldAED 2.4M19 July 2012
Current rentAED 120K /yr3 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8034, Al Tajer Residences

What is 8034 worth today?

Last sold for AED 2,400,000 in 2012

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3 Apr 2021RentedRenewal
AED 120,000/yr12 months · AED 86 per sqft
3 Apr 2020RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
3 Apr 2019RentedRenewal
AED 134,000/yr12 months · AED 96 per sqft
3 Apr 2018RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
30 Jun 2014RentedNew contract
AED 185,000/yr12 months · AED 132 per sqft
19 Jul 2012SoldReady
AED 2,400,000AED 1,719 per sqft
11 Jul 2012Sold by developerReady
AED 2,055,888AED 1,472 per sqft

Source: Dubai Land Department. Updated 3 April 2021.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
8th of 9
Parking
5. 65
Developer
Emaar
Completed
2008
Service charge
AED 32,700 /yr
Last sold
AED 2.4M · July 2012

About 8034, Al Tajer Residences

8034 is a two-bedroom apartment of 1,396 sqft on the 8th floor of Al Tajer Residences, a 9-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 19 July 2012 for AED 2,400,000, or AED 1,719 per sqft, 21% above the AED 1,420 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 3 April 2021, is AED 120,000 a year: a gross yield of 5.0% on the 2012 price, before the service charge of about AED 32,700 a year.

Sales and rents for 8034 over time

Sales
Unit 8034, each saleTypical two-bed in Al Tajer Residences
2M3M4M2008201320182023Typical sale price by year: 2008 AED 2,093,888; 2009 AED 2,061,406; 2010 AED 2,056,888; 2011 AED 2,137,944; 2012 AED 2,233,944; 2013 AED 3,000,000; 2014 AED 3,685,444; 2015 AED 3,400,000; 2016 AED 1,989,012; 2017 AED 2,975,000; 2018 AED 2,500,000; 2019 AED 2,160,000; 2020 AED 2,375,000; 2021 AED 2,125,000; 2022 AED 2,625,000; 2023 AED 3,325,000; 2024 AED 3,470,000; 2025 AED 3,925,000; 2026 AED 3,925,000Sold, July 2012: AED 2,400,000 (AED 1,719 per sqft)Sold by developer, July 2012: AED 2,055,888 (AED 1,472 per sqft)

8034 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8034, each contractTypical two-bed in Al Tajer Residences
150K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 195,000; 2016 AED 180,000; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 184,500; 2026 AED 200,000New contract, June 2014: AED 185,000 a yearNew contract, April 2018: AED 145,000 a yearRenewal, April 2019: AED 134,000 a yearRenewal, April 2020: AED 125,000 a yearRenewal, April 2021: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Tajer Residences, and where 8034 sits

All 116 2-beds →

8034 last sold in July 2012 at AED 1,719 per sqft, 21% above what two-beds in Al Tajer Residences were fetching at the time (AED 1,420). Over the last 12 months two-beds sold for AED 2,780,000 to 5,300,000, around AED 2,669 per sqft, and rent for AED 142,000 to 400,000 a year. 8034's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Sep 20263,750,000
5 Aug 20262,780,000
16 Mar 20263,425,500
10 Mar 20265,000,000
8 2-bed sales in the last 12 months

Al Tajer Residences

Building

248 apartments, 1-bed to 3-bed over 9 floors in Downtown Dubai, completed in 2008 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 2,624 Up 6.2%
Typical sale
AED 3.75M
Typical rent
AED 150K /yr
Typical yield
4.4%
Al Tajer Residences, Downtown Dubai: prices, sales and rents →

Other units on the 8th floor

All 248 units in Al Tajer Residences
Value
80162-bedAED 2.1M · Sep 2020
80181-bedAED 2.7M · Mar 2026
80331-bedAED 2.3M · Oct 2024
80421-bedAED 1.65M · Jul 2012
80431-bedAED 1.25M · Aug 2010
80441-bedAED 1.5M · Dec 2008
80452-bedAED 2.7M · Mar 2017
1–7 of 29

8034, Al Tajer Residences in numbers

  • Sold twice: first on 11 July 2012 for AED 2,055,888, last on 19 July 2012 for AED 2,400,000 (AED 1,719 per sqft).
  • Rented since June 2014 on 5 Ejari contracts, from AED 185,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2012 price is 5.0%, before a service charge of about AED 32,700 a year (AED 23.45 per sqft).
  • Two-beds in Al Tajer Residences sold for AED 2,780,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,624 per sqft.

Source: Dubai Land Department. Updated 3 April 2021.

Questions about 8034, Al Tajer Residences

What did unit 8034 last sell for?

AED 2,400,000 on 19 July 2012: AED 1,719 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 2,055,888 in July 2012.

What is the rent for unit 8034?

AED 120,000 a year on the contract renewed on 3 April 2021. The previous contract, from April 2020, was AED 125,000; the unit has been rented since June 2014.

How big is unit 8034?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2008.

What is unit 8034 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Tajer Residences sold for AED 2,780,000 to 5,300,000 in the last 12 months, around AED 2,669 per sqft.

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Mortgage on 8034, Al Tajer Residences

Starts from the last sale price (AED 2.4M, 19 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →